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to sense your environment and act on your environment. >> classified as a rare disease cmt affects 1-2500 people in the u.s. generally speaking a disease as rare if it afflicts fewer than 200,000 people. many of these diseases are genetic. but in truth, there's nothing rare about rare diseases. >> conditions like for instance, hearing loss or deafness, there's many genes that can -- in which mutati can lead to hearing impairment. but in one specific family an individual single gene will be responsible. so in the mixture of the phenotype of how many people can have hearing impairment it's not as rare as people think it is. the same goes for conditions like developmental delay or even birth defects. 2-3% of all children are born with a major birth defect no matter where you do the studies around the world and that is a significant% of the population. they have different kinds of birth defects and the individual birth defect might be considered a rare defect like the general heart defect or kidney defect. but actually there is many children that are born with birth defects. >> here in t
to the space environment the additional data allow us to commit men to a lunar mission. >> everybody knew a lunar mission was extremely dangerous under taking. a man died on a launch pad during a dress rehearsal. they were helpless to save him. >> friday january 27, '19 # # 6 they enter conducted a preflight test. test conductors were about ready to pick up the camera the instrument showed an unexplained rise in the oxygen flow into the safety. about 6 seconds later the voice of ed white came over the intercom. >> we have a fire in the cockpit. >> a fire in the cockpit. >> they were inside a spacecraft in pure oxygen. that's a recipe for disaster. all they needed was a spark and they got one. >> from a piece of exposed uninsulated wiring. >> why dn't they get out? >> the patch hatch is on the ino to remove the match you had to pull it in turn it and slide it through the door. when the fire started you got 50,000 pounds of pressure holding it in place. >> all three men were dead. >> we lived near the wife of one of the crew members. >> he had the unenviable task of breaking the news to th
parents more choices to put their children in an environment that they can succeed. it's an idea that works. we can look around the country at states that try to create a more business-friendly environment, not because they're for businesses or for any political reason or they're for special interests, but they know the only way to get jobs and prosperity and create opportunity is to create an environment where businesses can thrive. we make it political here. and we ask our constituents to make choices between employers and employees. but states like texas have created a business-friendly environment with lower taxes and less regulation. they've passed some laws that reduce the risk of just frivolous lawsuits. and what they've seen is businesses moving to their state. they've seen jobs and opportunity created not for the top 2%, but expanding a middle class, creating more opportunities and more tax revenues to do the things at the state government level that we all want for everyone that lives there. this is not for a few. this is for 100%. and you see specials now on tv compari
, indeed, adapts to the space environment and the additional data allows us to permit man to a lunar mission. >> apollo program got us to the moon but it almost cratered. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >> everybody knew a lunar mission was extremely dangerous under taking. a man died on a launch pad during a dress rehearsal. they were helpless to save him. >> friday january 27, '19 # # 6 they enter conducted a preflight test. test conductors were about ready to pick up the camera the instrument showed an unexplained rise in the oxygen flow into the safety. about 6 seconds later the voice of ed white came over the intercom. >> we have a fire in the cockpit. >> a fire in the cockpit. >> they were inside a spacecraft in pure oxygen. that's a recipe for disaster. all they needed was a spark and they got one. >> from a piece of expo
adapts to the space environment the additional data allow us to commit men to a data allow us to commit men to a lunar mission. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and sll pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. >> everybody knew a lunar mission was extremely dangerous under taking. a man died on a launch pad during a dress rehearsal. they were helpless to save him. >> friday january 27, '19 # # 6 they enter conducted a preflight test. test conductors were about ready to pick up the camera the instrument showe an unexplained rise in the oxygen flow into the safety. about 6 seconds later the voice of ed white came over the intercom. >> we have a fire in the cockpit. >> a fire in the cockpit. >> they were inside a spacecraft in pure oxygen.
and if they bring it back they're getting whacked with tax code. we need friendly tax environment for corporations to spend the $1.2 trillion they're sitting on. gregg: if we go over the cliff that is not tax friendly. matt mccall, president of pns financial group. good to see you, matt. heather: we're seeing a bright spot in the u.s. economy. qord according to national association of realtors sales of new home were highest since april of 2010. a homebuyer tax credit caused then a spike in sales. it measures the number of americans who signed contracts to buy homes. the report also points to higher sales of previously occupied homes in the coming months. gregg: former president george h.w. bush remains in a houston hospital where he continues to recover from a persistent fever and a cough. a family spokesman just giving us some, a new details, an update on his condition. mike tobin is live outside methodist hospital with the latest. mike? >> reporter: the latest, gregg, the latest release we got included the phrase, continues to improve in relation to the former president's condition. the staff ar
it creates a warm and festive environment for families at a hospital. that is really cute. sometimes to attract the ladies', a direct approach may work best. you cannot get much more blunt than 82-year-old sandy of oregon. he wants a wife and wants everyone to know it. he figures an unconventional approach may work a dent in his favor. he often forgets he is wearing the sign. >> i'd like to apply for your leftovers. of ladies? you're looking for a wide? >> oh, yes. >> the lucky lady must be older than 60, love books, and have a sense of humor he says he will bend on one roll. >> it a gorgeous 40 or 50 year- old came along and said i am too young but i want to do this, i would probably do it. >> he had been married three times and divorced three times but does not think that to be a red flag for potential companions. hopefully he will never after -- have to resolve differences like people in peru are accustomed to. a festival where people gather to settle a score at the end of the year. the fights are generally in good spirits competitors shaking hands and hugging after they pummel ea
of situation? >> we absolutely do. whether it's in a school environment or home environment, we teach maintaining that firearm appropriately. whether it's on your person or a secured lock box. and again, this is not new for utah. you just haven't heard about it before. teachers have been carrying firearms in locked drawers for 12 years now. and my opponents will say the dire predictions were going to be that every argument between a teacher and student would result in gunfire. that hasn't happened. we result in gunfire. that hasn't happened. we haven't had accidental shootings. we haven't had guns left behind and we also haven't had gun shootings. >> all right, clark aposhian, thank you for your viewpoint. glad you were with us. thanks. >>> welcome back. when you think about charity, there are a million ways you can help. and a lot of stars do give back. but after matthew mcconaughey said he wanted his hands in the clay, so he started his own foundation, helping kids live healthier lives. we sat down recently in los angeles to talk about that and about something everyone in hollywood
in an environment, at least i was fortunate enough, where we believed it was effective. you know it's very -- pretty much acceptable or maybe in vogue somewhat today to be so critical or almost invariably critical of the country and pointing out what is wrong. there are obviously things wrong. there are obviously things wrong when i grew up in georgia, and that was pointed out. but there was always an underlying belief that we were entitled to be a full participant in we the people. that is the way we grew up. it was the way the nuns who were all immigrants would explain it to us, that we were entitled as citizens of this country to be full participants. there was never any doubt that we were inherently equal and it said so in the declaration of independence. of course there were times later on bad i too became quite critical and would make glib remarks in deciding the not so pleasant and reciting the pledge of allegiance or sing things that i thought were -- [inaudible] people can youtube and it's around forever. i grew up in an environment where the people around me believed that this country coul
environment fundamentally changes how our brain works. that's according to new research. scientists say key mental developments are linked to events from millions of years ago. and they argue, even today our minds are shaped by things like pop culture and world events. just like how changes in food supply and weather patterns impacted the brains of early man. our 21st century brains are impacted by the powerful events happening in the world around us. okay? so let's talk about it. nguy wendy walsh. so wendy, can we predict how tragedy or trauma will make us evolve mentally? >> no. what we can to is we can predict -- we can infer that the big, sweeping changes that happen in our culture will force change in individuals or groups. we don't know if that change is going to be -- or what direction the change is going to be, good, bad or neutral. so, for instance, a giant hurricane like hurricane sandy, is this going to make people take a harder look at climate change? or is it going to make them buy more house insurance, homeowner's insurance? or a tragedy like sandy hook. is it going to make pe
. this is at st. luke's hospital in missouri. the hospital says it creates a warm welcoming environment for families . that's one stocking stuffer! that would be a surprise to see hanging over the fireplace. >> no kidding! >> you don't want to hang that over the fireplace. >> probably not. >>> volunteers at glide memorial will be heading back into the kitchen this morning. they are preparing meals for their day after christmas practice. yesterday, volunteers served christmas meals to more than 5,000 people including turkey, gravy and the trimmings. they are a symbol of home for many in the tenderloin year round. >> we ought to love people enough so that people will understand that all of us together make it happen. but if we are separated and isolated, we can't make it together. >> glide has served the tenderloin community with free meals and services for more than 30 years. the church depends on donations to make the work possible. >>> country pop star taylor swift takes the number one spot for most charitable celeb of 2012. dosomething.org just released its celebs gone good list. swi
and giving the military a chance to work with the civilian authority in a non-crisis environment so that when they have to do it anywhere in the world, they've got one extra training day. that's the way we look at it, it's all one extra training day. you add all that up, we have a lot better chance when we need it. with that, i'm going to bring up dejon and take over the panel and i'll talk to you shortly. >> thank you, rob. the panelists we have represent a broad group of participants, some of them participated themselves and some of them had individuals in their organizations participate. and i want them to start with an introduction of who they are, a little bit about their own background, so you understand the lens they were looking through when they were providing some of their answers today. starting with our 3 panelists that were part of our command and control exercise then we'll hear from our 3 panelists that were in our communications drill. >> lieutenant commander mike kress, operations officer at naval beach group 1, i was a coach during the exercise. we supported the exercise
to an inappropriate situation in a workplace that created an uncomfortable environment for the woman, we don't want to set that standard in iowa. >> how is it uncomfortable for her. >> talking about a bulge in his pants. >> she was texting with him, and they are married. >> they were not sexual in context, hers were not, but his were, they are clear, her text-messages are family oriented, and please stop talking about the other issues. >> she told him, she was not having sex on a regular basis. >> he assumed that. >> no she told him. tom: i text my coworkers all of the time. >> your coworkers or employees. s. >> she was his -- >> 10 years, what happened all of a sudden? >> a whole constitutional law created about discrimination in the work place, he was the employer. >> the iowa supreme court got it wrong? >> yes. >> i don't think they did. >> i will say it over, and over, iowa am ba embarrassed. >> you can say it, but that does not make it right. >> highway patrol government stays out of -- i hope the government stays out of the workplace, hire who you want. tom: look out beautiful people. it is -
not think it logical that we protect the children of our nation in a school environment. it can be gun consistent with their learning atmosphere and that's my challenge to bring experts together to accomplish that. >> you were part of the news conference on friday. i want to play you a little bit of what wayne lapierre had to say there. >> the truth is that our society is populated by an unknown number of genuine monsters. people that are so deranged, so evil, so possessed by voices and driven by demons that no sane person can ever possibly comprehend them. >> of course he's the executive vice president of the nra. i have to ask you, when you listen to that sound bite, the question that rings in my head is whether he just arctic you could y arctic could you lawsuited a good reason for gun control as opposed to against gun control. what's your view? >> i think you have to put guns in the hands of the right people. for example, hunters obviously have a need for their own weapons. and there's rec accurareational and so on. but we want to protect our airplanes, our passenger and we've done
shows you how to get top dollar for your used gadgets or how to properly and safely help the environment by recycling your old device. >> the quicker you or sell your old, used a device the more money will get for it. new products are constantly being released and your used devices will not last long. every month you wait the less valuable if is. priceonomics.com tiepin what you are selling and they will keep you a price range. there are a ton of catches out there, but it can be intimidating online. however, there are three that i would recommend they are legitimate. you can occurred just as much as it selling it privately. cash for cell phones and glyde.com and gazelle .com and they will tell you with a free shipping label to print out and mail in your to become. they will even sent iyou a box. and once they have confirmed the issue/condition and they will pay you in different ways. there will be able to pay you and amazon credit, different ways. if you do not want to sell it or throw it away because that is bad for the environment. best buy it will take it and they will recycle gabe s
to lay better eggs in this environment? >> no, but you'll be encouraged and inspired. >> reporter: fancy chickens do lay colored eggs, green and red. i tried one. it's really good. really good. i would definitely pay $100,000 for that egg. dan harris, abc news, new york. >> give it some gas, dan. >> the jet pack looks cool. the hen house, come on, now. every day. that looks like a good gift because that's something if you have that kind of money you can get into, you know what i mean? >> until you crash it. >> i don't have that kind of money. merry christmas, everybody. >>> this morning on "world news now," trouble times two. the west coast gets slammed again by powerful storms at the worst of times. >>> and with the tremendous snowfall and powerful wind swept rain, mother nature is not spending christmas and other parts of the country christmas cheer. it's monday, december 4. >> from abc news, this is "world news now." >>> and good monday morning, on this christmas eve. good to have brandy back in the house. it's been good. we had a little eggnog. >> we're making it a festive holiday. >
, stable environment. >> what do you say to pew tin? -- putin? >> i would say we ha've complie we have been visited by social workers, we send pictures, they get to russia. and he is a healthy, happy boy. we are ordinary adoptive parents that represent 60,000 other couples that have brought home kids from russia. we are hopeful that president putin as a father, he will realize that anyone in process, give these people their babies. >> will you keep us updated? >> we will. >> thank you so much. okay, coming up, many in los angeles were relieved to get some guns off the street during a gun buyback, but did anyone expect this? rocket launchers? launchers, not one but two, that and next. who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everythi
me ask you about another big issue in washington right now. in this toxic environment any chance that the president can make any headway on his desire to change the laws around guns? >> it's another big question. you saw what happened on friday. the nra, the national rifle association, came up with their first response to the newtown tragedy and there shouldn't be any new gun control. you heard wayne lapierre, only way to stop a bad guy with a gun is a good guy with a gun and prominent nra members came out like senator joe manchin and limiting magazine clips. i believe something will come out. the key is speed and that's why the president has asked vice president biden to come back with his recommendations before the end of january. >> the trick is given how partisan things are, will that happen? all right, george, merry christmas, great to he have you. and be sure to join george when his guests include asa hutchinson, the head of the nra national school shield program. >> big show for george this morning. >>> moving on now while it's not as dire as the whole fiscal cliff situati
tournament is housed in warren county. what we trio do is foster environment where people and businesses want to come to warren county. so we actually have the lowest marginal tax rates of the surrounding counties and we try taphouse there are environment to where we know we can only do so much in government. so essentially we don't try to do all things to all people. so in a lot of ways we say no more than we say yes, which i think is one of the keys in government is not just thinking about your own political vested interest, 'cause it's easy to make friends in politics by saying yes to everybody. if you think a checkbook is not really yours or the taxpayers, it's someone else's and you can pass out money like it's candy, everybody in the world is going to love you. but when you sit around and look somebody in the eye and say no, they tend not to like you. we've got the ability to do that inside of warren county. >> eric: a lot of municipals are having a hard time because of unions. how is your union contract? have you renegotiated any of those? or are those that were put in place years ago
tax environment. for instance, i don't think an investor would say, i'm going to shun higher dividend stocks, because now my tax rate is up. unfortunately, it will be higher, but you still will pursue dividend stocks. >> got it. peter. thank you. happy new year to you. peter anderson of asset management. >>> still ahead, the head of the campaign to fix the debt joins us live. what needs to happen so we can get a deal done and can it done at this meeting the today? also ahead, we're live from the port area of bay young, new jersey, with an update on a possible strike that could affect businesses from texas to massachusetts. also got the houston mayor to tell us how her city is preparing for a strike. futures still a little jittery here this morning. dow down 86. "squawk on the street" back in a minute. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. mine was earned off vietnam in 1968. over the
seem to be having a negative impact on the environment. >> yeah. michael, i imagine it's difficult to get out and want to spend when you're worried about your taxes going up next year. and how you're going to allocate your budget. i want to ask about some of the places that we did see spending. what were some of the segment groups? was it apparel, electronics? you know, luxury has surprisingly held up a little bit. so where did we see the dollars that were spent go? >> sure. let's start with luxury. luxury nationally had a difficult year because -- primarily because about 20% of luxury retail sales originated out of the new york area. if new york has a difficult season, that's going to be difficult on the overall numbers. that said, in the southeast and the south central regions of the country, luxury sales were up 5% to 6%. so again, it depended where you were. but luxury retail sales did relatively well. other sectors, women's apparel did have a positive year. as well as furniture and furnishing were also up. primarily we think due to the housing market recovery. >> yeah. today a
to lay better eggs in this environment? >> no, but you as the farmer will be encouraged and inspired. >> reporter: fancy chickens do lay colored eggs, green and red. i tried one. it's really good. really good. i would definitely pay $100,000 for that egg. dan harris, abc news, new york. >> give it some gas, dan. give it some gas. >> the jet pack looks cool. we can all agree on that. the hen house, come on, now. that's how i get home from work every day. just float down central park west and i'm back home just like that. that looks like a good gift because that's something if you have that kind of money you can get into, you know what i mean? >> until you crash it. >> i don't have that kind of money. merry christmas, everybody. don't have that kind of money. merry christmas, everybody.
with the environment, being off the grid, so there is no cell phone service here. and really, really appreciating your surroundings. the bay of fire in australia is in the most stunning, most unspoiled area of tazmania in the northwest coast. this is a place that really you have to be committed to going to, because part of the process of getting there is actually hiking for two days on these beautiful white sand dunes, and you hike -- it's not a lot of hiking, but you are definitely out there, and being a little bit adventurous. this is a place, again, that's off the grid. you're going to have no tvs, you're going to be pumping the water for your own showers. the reason you go there and the payoff, the incredible wildlife. you want to see wombats, wallabees, kangaroos, this is the place to go. hicks island is the brain child of an architect who was obsessed with how beautiful the surroundings were and wanted to celebrate that. so he built these incredible modern structures that are made of concrete, and the rooms only have three sides. that means one side is completely open to the elements. the brand-
the question of canada to be cut? is it politically possible in this environment to get enough republicans and democrats to support a deal that the white house wants on deficit reduction? because they been to the altar so many times on this same issue, taxes, medicare, social security, defense spending, you must wonder, if there's any agreement possible. host: first, commented today from the senate republican leader mitch mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the president last night we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. republicans are not about to write a blank check or anything senate democrats before or just because we find ourselves at the edge of the cliff. that would not be fair to the american people. that said, we will see what the president has to propose. members on both sides will review it. then we will decide how best to proceed. hopefully, there's still time for an agreement of some kind
businesses and private money and investment in private investment and the environment. >> i've been doing this almost 23 years we need certainty. we want to invest our money, but we want to know the rules aren't going to challenge. if carbon's the bag thing, that i'm not going to be disadvantaged if i'm clean. don't put me on a player field that's harder for me to compete. >> what's your plan for the second term? are you sticking around? >> what i can say is i'm very limited. we have so much work to do. >> in a statement president obama says jackson has shown an unwavering commitment to the health of our families and our children. >>> so russia may soon ban adoptions by americans. many are opposing the ban including this young whom tells me her own inspire i story about her adoption. ♪ you are my sunshine, my only sunshine ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were y
wilderness areas is ruining the environment. that's the los angeles time report. scientist the fined 5 -- sunshines fined 575. they discovered water systems that come -- that pulled millions in the creek. >>> holiday vandals in orange county. what was done to two separate nativity scenes that has police launching an investigation. >>> and get ready for more rain. ktvu meteorologist, rosemary orozco, will have your christmas week forecast. >>> this is the 280 split. we have traffic areas to report up in the hills. we'll tell you about a landslide -- coming up. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. >>> welcome back to the "mornings on 2." time now is 8:21. an active volcano is actually being closely watched in chile. the country is
, from the larger political environment to do something. will this afternoon's meeting have an impact? too soon to say, but it's a step that's intended to show they're working at it. willie. >> kelly o'donnell on capitol hill. thank you. we're joined now by republican senator john thune of south dakota and democratic senator chuck schumer of new york. gentlemen, good morning. by my count, we're less than 90 hours away now from the new year's eve deadline. senator thune, let me start with you. what do you and republicans need from democrats to get a deal done? >> well, what we would like to see, willie, is first off something that deals with spending. we believe this isn't a revenue issue. this is a spending issue. that ought to be a part of any solution. secondly, we ought to focus on jobs and the economy. anything that is done ought to be focused on what can we do to get the economy expanding, create jobs. when people are working, they're paying more taxes. the government is generating more revenue. that makes all these problems smaller by comparison. jobs and growth ought to be a gu
and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. david: good morning varney & company viewers. i'm david asman. stuart will be back tomorrow. new at 10:00, federal subsidies for wind power are set to expire in a couple of days on december 31st if congress decides to extend those subsidies, you the taxpayer will be on the hook for 12 billion dollars just for next year alone. since 92 the u.s. has spent nearly 24 billion dollars on wind energy, but get this, it hasn't gotten any cheaper, not a penny. it is still one of the most expensive ways to get energy. so we will be discussing that. let's check the
up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less tax revenue for the government. i want to urge congress and senators to vote for keeping our tax cuts in place, especially for the middle class and pushing our fiscal crisis to a balanced approach. go ahead and eliminate those tax cuts for the wealthiest individuals. if we all look at it and tried to consider what was going to work for the best, we needed to look at consumer demand. consumer demand is in the 98% of us who are out there driving the economy. the economy require strong consumer sentiment and strong business. i am urging congress to take action. stop playing games. let's move on. thank you. [applause] >> thank you so much, bob. it's a wonderful to have a sensible message from a a small business who really knows what makes our country work. now, i am honored to introduce to you stu and theresa. the mother of three in maryland and will talk to us about the reality she experiences both house and mother but also wor
, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-511-3035 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. >>> it's boxing day in the uk and canada and several other countries. fitting name, right? like black friday in the united states. retailers cut their prices hoping to entice shoppers to look for a good deal willing to spend their holiday cash. they're just running. analysts expect that british shoppers spend almost $5 billion today. in the u.s. not good news for retailers. early figures show it's the worst holiday sales performance in three years. alison kosik is at the new york stock exchange. why so bad this year? >> first of all, the fiscal cliff issues were hanging on shoppers' minds. that's one reason. you know, you look at whether or not the after christmas shopping will help. it will in some ways. in many ways, though, people a
're all in a group in the roosevelt room or in the cabinet room. it is a more casual environment. they're sitting probably on couches or chairs near each other. but the problem, don, is that if the president tries to sweeten the deal to woo more republican votes, then he risks losing lots of democratic votes and vice versa. this is really an issue about the fundamental differences between the two parties, the role of government in american life, that's why it is so hard to get to a deal. >> how dramatic. who would think talking about money and fiscal issues would garner so much drama, jessica. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin
's a very tough economic environment. gregg: you know, out in the shopping malls it's really being felt, and we measure that, right, with shopper track? >> yes. and shopper track is down from what they had forecast. they recently revised it lower, down about 25%. and, gregg, i think it's important to point out that stock prices on a lot of retailers and all companies, but especially redalers, moved -- retailers, moved up in anticipation of good sales. and as a result of the numbers not being very good, i think you're going to see the earnings estimates from analysts on wall street come down. so you might start to see that impact on the stock market as well. gregg: how much of this, ed, is fiscal cliff as opposed to just the aggregate of bad economic news? >> yeah. i don't think most people really understand the fiscal cliff. i think they're starting to get it just as molly had showed a couple minutes ago about how much more you're going to pay in taxes. i think it's a lot of confusion, and when people are confused, they really don't know what to do, and they don't see any silver lining
people, there is a lot of entrepreneurial energy wearing to go. if you get a more benign environment, that energy would burst forth. host: jkl tweets in, raise in the tops tax rate will not make a dent in the annual deficit. money gravitates to tax write- offs and crafted loopholes. guest: that is what you are seeing happening in europe when they are raising tax rates. lower the rates, get rid of these massive deductions,, and you would see a cleaner code, and less corrupt code. host: valerie in new jersey on our line for democrats. caller: good morning. the more i listen to mr. forbes speak, i am reminded why the reasons why i have lately not been a consistent your of c- span -- viewer of c-span anymore. they twist the truth. there is no integrity and what is said anymore. if you look at the record of spending -- mr. forbes mentioned mr. obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not pa
environment. host: an editorial responding to and preparing for natural disasters is one of government's most important functions. it's as lawmakers should provide immediate relief without having to worry about demanding that spending to cut elsewhere. jan in springfield, mass., on the line for democrats. caller: 5 would like to say in florida in 2004 when they had all of the hurricanes, state farm insurance pulled out of the state and refused to ensure homes. people that have car insurance with state farm wanted to cancel their insurance. we found out the weight state farm is judging each state -- we found out state farm is judging each state. there are states where they are not making a profit so they are not insuring. global warming and new storms, the insurance companies need to look at their policies and unite them as americans. please quit referring to us as "ordinary" and referred to us as the backbone of the nation. guest: i was born in massachusetts, so i certainly feel you are part of the backbone of the nation. there is not reformed insurance policy coverage in this bill. a big pro
the impact of -- >> on the environment -- >> the death of a princess. >> live from the johnson space center. >> you feel as though they love you? >> never forget the primary mission, we're newscast. >> history -- >> i was really mad that i was nine months pregnant. i was not at the berlin wall. i was like, hello, it's coming down, and i am here and can't travel. this is not acceptable. >> the terrible destruction left in the wake of hurricane andrew -- >> tragic ending to a fairytale that never quite was right. >> if i'm feeling this sense of loss, then the viewers are certainly going to be feeling the sense of loss. we owe it to them to tell the story as best we can. >> people around the country have begun to mourn the kennedy family's apparent latest tragedy today. >> we'll have a look at all the irony and joy as well as the tragedy in the life of john kennedy jr. >> we have breaking news to report for you this morning. it appears that 6-year-old elian gonzalez has been removed -- >> oklahoma city, so much heartache and still hope. >> the people versus o.j. simpson. >> an elected presiden
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